The USDJPY pair finds solid resistance at 118.40 level, which might force the price to achieve some temporary bearish correction before resuming the main bullish trend.
Until now, we still suggest the continuation of the bullish trend that targets 119.55 areas as a next main station, noting that breaking 117.50 will push the price to achieve additional bearish correction that its main targets located at 117.00 followed by 116.55.
The expected trading range for today is between 117.80 support and 119.00 resistance
The expected trend for today: Bullish